| COT Data Warns of a Turn (DailyFX) COT positioning suggests that the Euro and British Pound are topping. finance.yahoo.com |
Currencies: Sterling gains following Bank of England minutes (at MarketWatch) Sterling gets a lift as Bank of England meeting minutes showed another 8-1 split among policy makers toward keeping interest rates unchanged. The dollar trades lower. us.rd.yahoo.com |
Euro, British Pound Rally Ahead of U.S. Session on Risk Appetite [DailyFX] - A rebound in market sentiment pushed the euro higher on Wednesday, with the exchange rate advancing to a high of 1.2812 during the overnight trade, but the event risks scheduled for the U.S. session could weigh on risk appetite as the economic docket is expected to reinforce a weakening outlook for future growth. finance.yahoo.com |
Nikkei drops 2.1 pct; eyes on intervention, Fed move Japan's Nikkei average fell 2.1 percent on Tuesday, dragged lower by a climb in the yen to fresh 15-year highs against the dollar, with investors nervous to see whether authorities will intervene in the currency markets. us.rd.yahoo.com |
Forex Strategy Outlook: US Dollar Downtrend Favors Trend, Breakout Strategies An intensely choppy week of forex price action has made for mixed performance out of automated trading strategies, and indecisive price action clouds outlook for market conditions in the week ahead. finance.yahoo.com |